Insurance for Micro, Small, and Medium-Sized Enterprises
Chatterjee, Arup; Wehrhahn, Rodolfo | April 2017
Abstract
Small and medium-sized enterprises (SMEs) are a key component of every economy. Studies fill the literature with the importance of SMEs as employment generators, innovators, factors in the supply chains of larger enterprises, and important contributors to gross domestic project.
SMEs are also relevant in developed and developing countries alike, bearing in mind that definitions of SMEs differ by the size of the economy. Estimates suggest that more than 95% of enterprises around the world are SMEs, accounting for about 60% of private sector employment.1 In the industrialized countries, Japan had the biggest percentage of SMEs, accounting for more than 99% of total enterprises in 2007.2 India had 13 million SMEs in 2008, equivalent to 80% of the country’s businesses
Citation
Chatterjee, Arup; Wehrhahn, Rodolfo. 2017. Insurance for Micro, Small, and Medium-Sized Enterprises. © Asian Development Bank. http://hdl.handle.net/11540/7284.PDF ISBN
978-92-9257-830-5
Print ISBN
978-92-9257-829-9
Keywords
ADB
Project finance
Development plans
Strategic planning
Business Financing
Investment Requirements
Insurance Companies
Development
Finance
Development Challenges
Development Issues
Development Problems
Microenterprises Finance
Commercial Finance Companies
Enterprise Financing
Insurers
Insurance stocks
Insurance holding companies
Insurance carriers
Insurance agencies
Business subsidies
Investment companies
Foreign investment
Investment companies
International banks and banking
Stock exchanges
Grants
Loans
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